TSLA deliveries may unironically set the tone for where we open Tuesday, similar to the beginning of this year.
I’m a little wary of taking away too much from this week’s action just because of the amount of technical bullshit going on (tax loss selling, fund rebalancing/window dressing, JPM collar, little economic data/fedspeak, low liquidity, etc.). But it definitely feels like we’re gonna break hard one way or the other once January is underway.
My own personal bias is break down, but that weekly chart is looking kinda bullish ngl
Easily one of the worst Fed Chairmen since the 70s. JPow = 🤡
KKrum41302 t1_j2bvwro wrote
Reply to 12-30-22 SPY/ ES Futures and Tesla Weekly (and yearly) Market Recap and Analysis by DaddyDersch
TSLA deliveries may unironically set the tone for where we open Tuesday, similar to the beginning of this year.
I’m a little wary of taking away too much from this week’s action just because of the amount of technical bullshit going on (tax loss selling, fund rebalancing/window dressing, JPM collar, little economic data/fedspeak, low liquidity, etc.). But it definitely feels like we’re gonna break hard one way or the other once January is underway.
My own personal bias is break down, but that weekly chart is looking kinda bullish ngl